Political Economy
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Description
The paramount matter is the conflict between economic freedom as represented in the market economy and totalitarian government omnipotence as realized by socialism.
More Episodes
Mises explains why socialism always fails due to the absence of a free market pricing structure for capital goods.
Published 01/24/72
Published 01/24/72
Mises explained why socialism always fails due to the absence of a free market pricing structure for capital goods. Presented in 1971, Ron Paul alludes to this speech in his book End the Fed.
Published 01/24/72
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